Editor’s note: The Basics department this month is an excerpt from the ISA book Flow of Industrial Fluids – Theory and Equations by Raymond Mulley. Some material in this section may seem self-evident ...

Flow charts are a common method of presenting information and one of the most difficult images to describe. Simple flow charts can be converted into nested lists with good results. Present the "boxes" ...

Start by looking at cash flow from operations, the section that tells you how much money the company’s main business is ...

Cash flow analysis is an important aspect of a company's financial management because it reveals the cash it has available to pay bills and invest in its business. The analysis goes beyond accounting ...